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Unit 19 The Royals Shopping Centre, Southend-on-Sea, SS1 1DQ
Use Class
E(a)
Size
1,766 sq ft
Rent pa
£33,000
Market Sector
Shopping Centre
Description
The Royals Shopping Centre is the principal shopping centre serving Southend-on-Sea and anchors the southern section of the pedestrianised High Street. The centre comprises a covered shopping centre which extends to 284,959 sq ft with an adjoining 450 space multi-storey car park.
The centre is anchored by Debenhams, Primark, TK Maxx and Boots, with other occupiers including Tesco, Poundland, Vision Express, Toni & Guy, Pandora and Brighthouse.
Key Information
Viewing
Strictly by appointment.
Legal
Each party to be responsible for their own legal costs incurred in this transaction.
Accommodation
1,766 Sq.Ft
The accommodation is arranged over ground floor with a mezzanine level at the rear of the unit and provides the following net internal areas and dimensions:
Financial
Lease Type
New Lease
Lease Term
A new effectively full repairing and insuring lease is available for a term of years to be agreed, subject to five yearly upward-only rent reviews.
Rent
Subject to contract, rental offers are invited in the region of £33000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
We are advised by the Local Rating Authority that the premises have been assessed for rating purposes as follows as shown above. Interested parties are encouraged to verify this information with Southend-on-Sea Borough Council.
Service Charge
The service charge for the year 2015/16 is estimated at £12,362 p.a. plus insurance of £105 p.a. (excl. VAT).
Tenure
Leasehold
Rates
Sustainability
Energy Performance Certificate
This Property is Part of a Shopping Centre
The Royals Shopping Centre
The Royals Shopping Centre is the principal shopping centre serving Southend-on-Sea and anchors the southern section of the pedestrianised High Street. The Centre comprises a covered shopping centre which extends to 282,000 sq ft with an adjoining 426 space multi-storey car park. Keys retailers in The Royals include Boots, TK Maxx, Tesco, Costa Coffee, Toni & Guy, Pandora, Vision Express and Poundland
Disclamier
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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